Profit And Loss MCQ Set 2

PROFIT AND LOSS MCQ SET 2

Q1. If a book is sold at 300% profit , then ratio of cost price to the selling price is :

(a) 1 : 2

(b) 1 : 3

(c) 1 : 4

(d) 2 : 3

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Answer: A

Q2. If a book is sold at 25% loss , then ratio of cost price to the selling price is:

(a) 3 : 2

(b) 4 : 3

(c) 5 : 4

(d) 2 : 3

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Answer: B

Q3. By selling a book for Rs.450 , I loss 20% . For what amount should I sell it to gain 20% profit ?

(a)Rs.675

(b)Rs.470

(c)Rs.150

(d)Rs.400

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Answer: A

Q4. When a article is sold for Rs.355 , there is a loss of 29% . To gain 21% , it should be sold for Rs. :

(a)Rs.629.20

(b)Rs.580.80

(c)Rs.605

(d)Rs.635

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Answer: C

Q5. If an article is sold for Rs.402 , there is a loss of 33% . At what price should it be sold to get 37% profit?

(a) Rs.911

(b) Rs.822

(c) Rs.822

(d) Rs.781

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Answer: B

Q6. An article is sold for Rs.810 at a loss of 10% . what should be the selling price if the loss is 20% ?

(a) Rs.750

(b) Rs.630

(c) Rs.600

(d) Rs.720

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Answer: D

Q7. When an article is sold for Rs.480 , there is a loss of 16 2/3% . To gain 8 1/3% should be sold for Rs. :

(a) Rs.620

(b) Rs.624

(c) Rs.605

(d) Rs.750

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 Answer: B

Q8. by selling an article for Rs.2,200 , a profit of 10% is earned . If the same article is sold for Rs.2,600 , then what will be the gain percentage ?

(a) 20%

(b) 15%

(c) 37%

(d) 30%

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Answer: D

Q9. an article is sold for Rs.2070 at a profit of 15% . if the article is sold for Rs.1890 , then what will be gain or loss percent?

(a) 10% gain

(b) 10% loss

(c) 5% gain

(d) 5% loss

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Answer: C

Q10. Vipin bought a toy for Rs.1200 and spend Rs.200 on its repairing . He sold it for Rs.1680 , then his profit percent is .

(a) 20%

(b) 10%

(c) 8%

(d) 16%

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Answer: A